WINNIPEG, MANITOBA--(Marketwire - Aug. 24, 2012) - Arctic Glacier Holdings, Inc. ("Arctic Glacier" or the "Company") has named Henry Wolfe as Vice Chairman of its Board of Directors effective immediately. Mr. Wolfe is also an equity investor alongside H.I.G. Capital in the Company.
Mr. Wolfe has over thirty years of experience in the packaged ice industry and enjoys a strong track record of performance improvement and value creation in prior investments including All Seasons Ice, Ready's Ice Co., Sifco Incorporated and City Ice & Fuel Company. Mr. Wolfe has also served as Special Advisor to the CEO of Arctic Glacier for a number of years, spearheading a variety of performance improvement initiatives and acquisitions.
Bret Wiener, a Managing Director of H.I.G. Capital, commented, "We are thrilled to have Henry re-join the Arctic Glacier team. Henry's expertise in the packaged ice industry and operational acumen will be invaluable to Arctic Glacier as it pursues its strategic plan."
About Arctic Glacier
The Company is a leading producer, marketer and distributor of packaged ice, with a strong and loyal customer base across Canada and much of the northern, central and western United States. The Company serves six Canadian provinces and 25 U.S. states and is the largest producer of packaged ice in Canada and second largest producer in the United States. Arctic Glacier operates a network of production plants and distribution facilities that provide ice to over 75,000 retail locations. The Company's main product is packaged ice, primarily under the brand name Arctic Glacier® Premium Ice and the Company also sells other products such as bottled water, dry ice, packaged wood, rock salt and sells and leases ice-making and dispensing equipment in certain markets. For more information, visit www.arcticglacier.com.